Excon 2015, in CASH domain, witnessed a plethora of equipment aggregates, sub- assemblies, components and IT solutions for OEMs in their equipment, as original suppliers and in the aftermarket space, descending on the scene of action.

At this year´s GIS EXPO, the only Italian trade event for the lifting and heavy transport industries, Manitowoc introduced the new Grove GMK5250L to the nation´s public for the first time. The GMK5250L is the first-ever mobile crane to feature a VIAB turbo retarder clutch.

India has witnessed an influx of new software-assisted multiple application-specific boom configured heavy lifters. Despite the economic slowdown taking the wind out of the sail for the heavy lift cranes´ suppliers

The current market for the truck cranes has already improved specially in the segment of 75T to 120T. We are also seeing the growth in the crawler crane segment in the capacity between 100T to 260T segment, mainly the petrochemical industries, metro projects, power plants etc, are the major growth drivers.

With renewed emphasis on core sectors such as power, cement, steel, and oil and gas, coupled with the focus on development of road network, the market for mobile cranes is expected to grow significantly.